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| Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
|---|---|---|---|---|---|
| West African | LSE:WAD | London | Ordinary Share | GB00B1CQN147 | ORD 1P |
| Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
|---|---|---|---|---|---|---|---|---|---|---|
| 0.00 | 0.00% | 3.50 | 0.00 | 01:00:00 |
| Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
|---|---|---|---|---|---|
| 0 | 0 | N/A | 0 |
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TIDMWAD
RNS Number : 2005W
West African Diamonds PLC
23 July 2009
23rd July 2009
West African Diamonds PLC ('West African Diamonds' or 'the Company')
Grant of Options
West African Diamonds announces that it has granted a total of 2,000,000 options
to the Directors of the Company with an exercise price of 3p (`the Options').
The Options were granted effective 23 July 2009 and are exercisable for a period
of 7 years from that date.
The breakdown of Options granted is as follows:
+----------------------+--------------+
| John Teeling | 500,000 |
+----------------------+--------------+
| James Campbell | 500,000 |
+----------------------+--------------+
| James Finn | 500,000 |
+----------------------+--------------+
| Alex Van Zyl | 500,000 |
+----------------------+--------------+
Following the grant of the options the Directors will have the following
holdings:
+----------------------+--------------+--------------+
| | No. of | No of |
| | shares | options |
+----------------------+--------------+--------------+
| John Teeling | 2,015,862 | 1,000,000 |
+----------------------+--------------+--------------+
| James Campbell | 125,000 | 1,100,000 |
+----------------------+--------------+--------------+
| James Finn | 1,547,394 | 1,000,000 |
+----------------------+--------------+--------------+
| Alex Van Zyl | 1,125,000 | 1,000,000 |
+----------------------+--------------+--------------+
Enquiries:
+------------------------------------+-------------------------+
| West African Diamonds plc | |
+------------------------------------+-------------------------+
| John Teeling, Chairman | +353 1 833 2833 |
+------------------------------------+-------------------------+
| James Campbell, Deputy Chairman | +27 83 457 3724 |
+------------------------------------+-------------------------+
| Astaire Securities plc | +44 (0)20 7448 4400 |
| Jerry Keen | |
| Andrew Raca | |
+------------------------------------+-------------------------+
| College Hill | +44 (0)20 7457 2020 |
| Paddy Blewer | |
| Nick Elwes | |
+------------------------------------+-------------------------+
www.westafdiamonds.com
This information is provided by RNS
The company news service from the London Stock Exchange
END
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